Ørsted

2022 - 5 - 30

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Image courtesy of "Reuters"

Denmark's Orsted warns of Russian gas supply halt after spurning ... (Reuters)

Orsted on Monday warned that Russia's Gazprom Export could stop supplying gas to the Danish energy company because it has refused to pay in roubles, ...

read more "Gazprom Export continues to demand that Orsted pays for gas supplies in roubles," Orsted said in statement. read more

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Image courtesy of "Bloomberg"

Denmark's Orsted Warns Russia May Cut Gas Over Ruble Demand (Bloomberg)

Denmark could be the next country cut off from Russian natural gas as its biggest utility is refusing to cave in and make payments in rubles.

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Image courtesy of "The Copenhagen Post - Danish news in english"

No Russian gas? Nyet problem for Denmark - The Post (The Copenhagen Post - Danish news in english)

Ørsted says it won't pay for Russian gas in rubles, but the energy authorities have plans ready in case Russia cuts the flow to Denmark . No Russian gas?

We don’t expect that to change, even if Russia stops the sale of gas to Ørsted, ” said energy authority Energistyrelsen head Kristoffer Böttzauw. “Gazprom Export continues to demand that Ørsted pays for gas supplies in roubles. The payment deadline is May 31 and Ørsted will continue to pay in euros,” wrote Ørsted.

Ørsted continues to reject demand for payment in roubles – risk of ... (Yahoo Eurosport UK)

Ørsted A/S (Orsted) Ørsted continues to reject demand for payment in roubles – risk of Gazprom Export's gas supplies to Ørsted being halted 30-May-2022 ...

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Denmark's Orsted warns Russia may cut gas over rouble demand (Moneyweb.co.za)

The Nordic country would be the latest to have its Russian gas supplies severed after Finland, Poland and Bulgaria were all cut off recently.

The Nordic country would be the latest to have its Russian gas supplies severed after Finland, Poland and Bulgaria were all cut off recently. Orsted said earlier this year that it planned to buy far less than the maximum allowed by the contract. The payment deadline is Tuesday and the company will continue to pay in euros, it said.

Orsted Rejects Gazprom Demands to Pay for Gas in Rubles (MarketWatch)

By Dominic Chopping Danish renewable-energy company Orsted AS said Monday that it continues to reject demands from Gazprom Export to pay for gas supplies in ...

The company has previously said it will donate any 2022 net profit from the Gazprom Export contract to humanitarian aid in Ukraine and has ceased all sourcing of coal and biomass from Russia, has made sure that none of its direct suppliers for the build-out of renewable energy are Russian, and said it won't enter into new contracts with Gazprom. The payment deadline is Tuesday, and Orsted said it will continue to pay in euros which means there is a risk that Gazprom Export will stop supplying gas to Orsted. Danish renewable-energy company Orsted AS said Monday that it continues to reject demands from Gazprom Export to pay for gas supplies in Russian rubles.

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Image courtesy of "OE Digital"

Ørsted Still Refuses to Pay for Russian Gas in Roubles. Says Gas ... (OE Digital)

Ørsted on Monday warned that Russia's Gazprom Export could stop supplying gas to the Danish energy company because it has refused to pay in roubles…

The agency also said it had an emergency plan if there were to be any gas shortage. "Gazprom Export continues to demand that Ørsted pays for gas supplies in roubles," Ørsted said in a statement. "There is a risk that Gazprom Export will stop supplying gas to Ørsted. In Ørsted’s view, this will be a breach of contract," it added.

Danish energy company refuses to pay for Russian gas in rubles (The Local Denmark)

Danish energy company Ørsted confirmed on Monday that it will not pay in rubles for gas from Russian supplier Gazprom.

Following an earlier demand by Gazprom that gas supplies be paid for in rubles, Ørsted said it would not comply with the request. The company said it was in dialogue with Danish authorities to draw up a plan for a potential shortage of gas for customers in Denmark. Ørsted said it has prepared for a potential scenario in which Gazprom, the Russian state-owned gas company, cuts supplies to customers in Europe as a reaction to a refusal by companies to pay in the Russian currency.

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Image courtesy of "Renewables Now"

Ørsted not bending the knee to Gazprom, says situation will not ... (Renewables Now)

May 30 (Renewables Now) - Danish clean energy group Ørsted A/S (CPH:ORSTED) today warned that, even though this would be a breach of contract, there.

Ørsted added that due to the fact that there is no direct gas pipeline from Russia to Denmark, Russia will not be able to directly cut off supplies to the Scandinavian country. The offshore wind major further noted that it has been preparing for the possibility of losing the gas supplies from Gazprom Export and is currently holding talks with authorities about potential scenarios. The payment deadline is 31 May and Ørsted will continue to pay in Euros,” the company said in a statement.

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Image courtesy of "Peoples Gazette"

Netherlands, Denmark face gas cut off over refusal to pay Russia in ... (Peoples Gazette)

Russia cut off gas exports to Finland from May 21. This was after earlier cutting off Poland's PGNiG and Bulgaria's Bulgargaz over their refusal to deal in ...

The payment deadline is 31 May and Ørsted will continue to pay in Euros,” Orsted said on Monday. “Therefore, there is a risk that Gazprom Export will stop supplying gas to Ørsted. In Ørsted’s view, this will be a breach of contract.” We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages. “Gazprom Export continues to demand that Ørsted pays for gas supplies in roubles.

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Image courtesy of "Nasdaq"

Orsted sees risk that Gazprom Export may halt gas supplies (Nasdaq)

Orsted said on Monday there was a risk that Gazprom Export could stop supplying gas to the Danish energy company because it continues to reject Russia's ...

"Gazprom Export continues to demand that Orsted pays for gas supplies in roubles. "There is a risk that Gazprom Export will stop supplying gas to Orsted. In Orsted’s view, this will be a breach of contract," it added. We have no legal obligation under the contract to do so, and we have repeatedly informed Gazprom Export that we will not do so," Orsted said in statement.

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Image courtesy of "CNN"

Russia could cut off Denmark and the Netherlands' natural gas - CNN (CNN)

Denmark and the Netherlands could become the latest European countries to have their deliveries of Russia's natural gas cut off.

Ørsted said it had no legal obligation to pay in rubles in its contract with Russian state energy giant Gazprom and that the payment deadline is Tuesday, May 31. But the European Commission has warned Since then, Gazprom has offered customers a solution.

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Image courtesy of "Renewables Now"

Ørsted not bending the knee to Gazprom, says situation will not ... (Renewables Now)

May 30 (Renewables Now) - Danish clean energy group Ørsted A/S (CPH:ORSTED) today warned that, even though this would be a breach of contract, there is a r.

Ørsted added that due to the fact that there is no direct gas pipeline from Russia to Denmark, Russia will not be able to directly cut off supplies to the Scandinavian country. The offshore wind major further noted that it has been preparing for the possibility of losing the gas supplies from Gazprom Export and is currently holding talks with authorities about potential scenarios. The payment deadline is 31 May and Ørsted will continue to pay in Euros,” the company said in a statement.

Ørsted continues to reject demand for payment in roubles – risk of ... (Yahoo Finance UK)

Ørsted A/S (Orsted) Ørsted continues to reject demand for payment in roubles – risk of Gazprom Export's gas supplies to Ørsted being halted 30-May-2022 ...

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Image courtesy of "Energy Voice"

Orsted, GasTerra refuse to budge on rubles, face gas cut off (Energy Voice)

Gazprom Export is on the verge of cutting off gas supplies to offtakers in Denmark and the Netherlands as a result of a currency dispute.

It has been filling up storage in Denmark and Germany. It will continue to do so. It will not enter new contracts with Gazprom and will exclude Russian customers from its renewable energy projects. Orsted said it had been preparing for the move, which would have an impact on its customers in Denmark and Sweden. Both companies said that the payment deadline was May 31. “We fully support the ambition of the Danish government and the EU to become independent of Russian gas and to fast-track the green transformation of EU’s energy sector, and we are ready to help accelerate the green build-out,” Orsted said. Gazprom Export is on the verge of cutting off gas supplies to offtakers in Denmark and the Netherlands as a result of a currency dispute.

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Image courtesy of "Ground Engineering"

Ørsted to trial growing corals on offshore wind turbine foundations (Ground Engineering)

Ørsted noted that coral reefs provide habitat for an estimated 32% of all marine species and benefit 1 billion people worldwide, directly or indirectly,

Governments are preparing a significant expansion of offshore wind energy, and I’m confident that if done right, the offshore wind build-out can support and enhance ocean biodiversity.” Many governments are planning a significant build-out of green energy infrastructure at sea, and Ørsted believes that if done right, the expansion of offshore wind energy needed to fight climate change can also integrate solutions that support and enhance ocean biodiversity. The ultimate aim will be to use additional coral larvae generated at offshore wind farm locations to restore and enhance threatened near-shore reef systems. Ørsted is collaborating with the Penghu Marine Biology Research Center in Taiwan. Together, they have developed a non-invasive methodology for coral seeding, in vitro fertilisation, larvae transport, and larvae attachment to wind turbine foundations. We’re honoured to participate in the project, and we look forward to more such initiatives in the future.” In 2021, the ReCoral team successfully grew juvenile corals for the first time on underwater steel and concrete substrates at a quayside test facility.

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Image courtesy of "Times of India"

Denmark's Orsted says risk of Russia ending gas supplies (Times of India)

Rest of World News: COPENHAGEN: Danish energy company Orsted warned Monday Russia could cut gas supplies to Denmark soon after it refused to pay in rubles, ...

"Gazprom Export continues to demand that Orsted pays for gas supplies in rubles. Gas accounts for 18 percent of energy consumed in Denmark each year. soon after it refused to pay in rubles, adding that gas could still be secured through the European market.

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